SCHEDULES

SCHEDULE 14Digital reporting and record-keeping for income tax etc: further amendments

PART 2Amendments of other Acts

49FA 2016

1

Schedule 19 (large businesses: tax strategies and sanctions) is amended as follows.

2

In paragraph 12(5) (definition of “representative partner”)—

a

the words from “the partner” to the end become paragraph (a);

b

at the end of that paragraph insert “, or”;

c

after that paragraph insert—

b

the nominated partner within the meaning of paragraph 5 of Schedule A1 to TMA 1970.

3

In paragraph 13 (definition of “financial year”) in paragraph (c) for “under a return issued under section 12AB” substitute “within the meaning of”.